Making 100K+ with little experience
Hi guys I'm a long term lurker of wallstreetoasis.
I'm trying to break into the consulting industry and already have been assigned projects at a big 4 firm (Part time not full time).
However, they have paid me on the projects at a salary of 50K/year, which is awfully low.
I just was told that my friend at doing software engineering first year out of undergrad is getting 130K at Amazon.
My questions is:
1. ###How do I find management consultant positions? Using glassdoor and other sites, typing management consultant doesn't really find any positions. Typing Analyst/Associate on the firm's job site doesn't help either. Most people they are looking for are seniors.
2. What are some firms paying 100K+ for entry level management consultants?
It is very apparent through the messages no one understands what I was looking for, for that reason, I've bolded what I'm looking for. To all the donkey trolls who say oh wow out of college u can't get 100k, I've had multiple 80K offers, with a 2.8 GPA, and go to a non target school. Did I mention I only applied 6-8 places?
One of the teachers at my school became partner in 4 years, TO WSO IMPOSSIBLE. Lol wake up guys, people actually doing something with there life. Not slaving away for 50k a year lol.
sounds like you have a lot of to learn which makes me wonder what got you your current haf time consultant kob at first place?
half-time role with 50k is not bad at all and it is highly unfair to compare it with a fulltime salary.
regarding recruitment, reach out to your on campus recruiter (assume you are graduating / recently graduated?) they would hold tons of on campus recruitment events around this time. If you come from a nontarget school and consulting forms don't care, reach out to the recruiter at the one you are working for right now at least.
what is your academic background? not a lot of firms would pay above 100k for undergrads, but well above for masters/phds.
Well it's not 50K half time.
It's a full time position paid at 50k. So if I work for 8 weeks on a project, I get paid 2 months worth. so 50/12*2
Also, I'm coming from a non target undergrad.
I realize this is WSO so what you're saying isn't wrong at all, but I just find it funny because if some people heard you say $50k is awfully low they would think you're mental
50K is awfully low when your in debt 100K.
The salary doesnt care about your debt. Nor does the debt care about the salary.
$50K sounds appropriate for what you have described.
Not sure why you are comparing yourself to someone doing a completely different job. It's not even apples to oranges, its apples to fish.
Create a budget, develop your skill set, work your way in to a position you like.
If you are already out of undergrad you missed the boat on analyst recruiting. The analyst classes are made up of returning interns and hires from undergraduate full-time recruiting. If you are still in school, just follow the advice NeverSayNever gave.
I'm out of school already.
Then you are too late and need to focus on the experienced hire route or get an MBA and recruit then.
No one has actually given any advice on my questions. Please help.
gpck told you the hard truth. The analyst positions are filled by graduating seniors, typically a semester or two prior to graduating.
Look for new and small firms, ~25 people or less, and cold network your way in. Really the only other clear path is to get a full time job that will help you get a top 20 MBA.
No one can give you any advice because you wont take advice you dont want to hear.
You want someone to hand you 100k for doing nothing, being a nobody. Buckle up man, the next few years are gonna be a rude awakening for you.
to be honest, why don't you go to a software engineer bootcamp, and get a 100k entry level cs job at google like your friend?
if you are fixed with finding a consulting job with 100k, then you can 1. apply to phd at target school and try afterwards. as undergrad,you will be considered as BA/or whatever entry level, and no one pays above 100k for that. 2. find a job now as an 'experienced' hire. 6 months part time probably doesn't mean anything if you really want yourself to be considered as 'experienced' though. 3. rule of thumb. Talk to RECRUITERS, not xxx.com/careers. job posts online are not for your role at all. find the contact info of the recruiters working in your region. as them! they are responsible for all the low level hires.
My friends who recruit for startups and tech companies have told me that these boot-camps are generally a waste of time/resources. They have a low hiring percentage unless you have relevant technical experience to show for it.
You are better off spending 1-2 years at college/university and earning experience, or attend a Master in Computer Science program at XYZ School and then applying for the tech companies.
Depends on the bootcamp
Recruiters for the consulting firm? Or those recruiters in recruiting firms?
Consulting firm.
No offence but do some research. I'm in the same boat and have built a spreadsheet with all MC companies and links to the roles and deadlines. All top MC's have business analyst opportunities right now you just aren't looking hard enough. Also having graduated already from a non target you're unlikely to get 100k. Be realistic.
How do I search on their site for entry level consulting positions?
You sound like a fucking retard. "6 months experience at teh big fourz - nobody giving me teh 100K++, halp!"
Forreal - cant tell if hes a troll or a tard
Hi Adam- Trying to answer your first question here. It seems as though all you need is some direction in finding the correct position. Try searching LinkedIn, Indeed, other job websites and searching various management consulting firms. Dont necessarily type the job title, spend time looking at open positions, maybe you shift your focus to a similar position just to get into the company? Perhaps you can also spend time making a Top 20 lists, navigating their websites, looking for positions, and reaching out to the recruiters that work internally to introduce yourself. You can do this by finding these contacts on LinkedIn. Sometimes a direct email to the recruiter seeking some advice on how to work at the company goes a long way. Have a good resume, cover letter to send along with that. You could also go old school and visit the companies to drop off your resume, a friend of mine did that 6 years ago and shes now an MD a small sized VC fund. As for 100K entry level jobs, Im not sure thats entirely realistic given just 6 months of experience. Its a competitive field requiring masters degrees as well as many getting in with referrals/who you know. Good luck and be patient
adamisbest210 I'm just here to say I am a frequent user and love being able to help people who utilize this forum for good.
Having just read the first few responses - you're not somebody I would ever help. You come off as arrogant, entitled and frankly having put in little work on your own.
P.S. A software engineer at Amazon has literally nothing to do with management consulting....nothing. As somebody said, 'it's comparing apples to fish.'
P.P.S. You have demonstrated 0 life skills / sense of resourcefulness throughout this thread that would ever warrant you making $100k, let alone $50k or even less.
I'm ready to crown this man as the most successful troll on WSO in some time?
@theaccountingmajor is gone for one day and we’ve already found a replacement
big 4 for undergrads starts at 55k (70k if you have a masters in accounting)...and they work you to the bone...12 hour days...pretty much all year round..more in busy season, which is 4 months of the year. Pretty much all accountants wish they had gotten into IB...at least they would get paid a little more per hour in the beginning...and the pay increases much faster for IB than accounting or consulting.
However, if you want to make better $$ per hour, and you don't have valuable skills to sell, you could always go into sales (pharma, insurance and financial products, tech, etc..)
These sales jobs often pay 100k-200k (mostly commission based...but if you are good, that is the avg range)
I am a pretty simple person. If you are able to put food on the table, have a roof over your head, pay your bills and have some leftover...then that's all there is. Reaching 100k+ takes a lot of resourcefulness, time, and experience in order to get there. I need to be able to wake up to a job I look forward to going to everyday, and if it pays enough to cover my basic necessities then I am all for it.
I have been told the same thing faceslappingcompilation , my friends in sales have mentioned their earnings were 100k+ on average (commission based stuff). This takes time to cultivate solid leads, commitment and good attitude/approach.
A lot of trolls responded on this thread.
My question was, how can I find these jobs on the sites? When you type entry level consultant nothing shows up.
Also, you guys are awfully wrong if you think 100K+ salaries aren't possible. I have a 2.8 GPA and have been offered now multiple 80k+ salaries but not in fields I'm looking for.
I have the same problem. Plenty of lucrative offers in banking, but nothing that cracks $15/hr in my preferred field of burger flipping. WSO tells me my expectations are the problem. They're obviously trolling.
That's because ~99% of entry level consulting jobs are filled through on-campus recruiting, better known as OCR. If you aren't in school you will still need to follow their timeline. See: http://www.streetofwalls.com/finance-training-courses/consulting-interv… https://www.wallstreetoasis.com/forums/2018-apd-mbb-full-time-recruiting https://www.accenture.com/us-en/careers/students-graduates https://www.mckinsey.com/careers/students
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